Walt Disney Co. (NYSE:DIS) is facing a growing backlash over the refusal of CEO Bob Chapek to openly criticize the proposed “Don’t Say Gay” legislation in Florida, with a growing number of Disney employees openly criticizing their employer while calls for a boycott of the company grow louder in volume.
What Happened: The controversial legislation bans the discussion of sexuality and gender identity in the state’s schools until after the third grade. Chapek’s predecessor Bob Iger came out against the bill on Feb. 25 when it passed in the Florida House of Representatives, but Chapek avoided Iger’s example and made no comment on the matter. The Hollywood Reporter, citing an unnamed “knowledgeable source,” stated Chapek didn't want to involve the company in “issues he deems irrelevant to the company and its businesses.”
